Business News
Luwak Coffee Becomes Favorite Product Among Indian Buyers at Trade Expo Indonesia 2024
The Ministry of Trade officially inaugurated the 39th Trade Expo Indonesia (TEI) on Wednesday, October 9, 2024. The Indonesian Young Entrepreneurs Association (HIPMI) revealed growing interest from international buyers in one of their top products. TEI Chairman, Imandio Wicaksono, noted significant interest from Indian buyers towards several exhibitors from HIPMI…
Zulkifli Hasan Highlights Indonesian Export Success at Trade Expo, Reaching IDR 476 Trillion
Indonesia’s Minister of Trade, Zulkifli Hasan, announced a significant increase in the country's export achievements during the Trade Expo Indonesia (TEI). He reported that since its launch 10 years ago, exports facilitated through TEI have reached USD 30.5 billion, equivalent to IDR 476 trillion in 2023. Speaking at the 39th…
Indonesia Signs 7 Trade Contracts with Malaysia Valued at IDR 38 Billion
The business contract value between Indonesian and Malaysian companies, particularly from Penang, has seen significant growth. According to Wanton Saragih, the Consul General of Indonesia in Penang, trade cooperation between seven Indonesian companies and three Penang-based Malaysian firms has reached a total value of USD 2.42 million, equivalent to approximately…
Port of Sorong Potentially Becomes Entry Point for Seven Import Commodities
The Indonesian Ministry of Transportation (Kemenhub) has revealed that Sorong Port has the potential to become a new entry point for seven imported commodity goods. This follows the government's plan, through the Ministry of Trade (Kemendag) and the Ministry of Industry (Kemenperin), to shift the entry points for these imported…
